Personal Lines Insurance

Definition - What does Personal Lines Insurance mean?

Personal lines insurance refer to coverage that protects families or individuals against financial losses. These insurance products lower the financial risks of driving a car, owning a home, seeking healthcare, and so on. Unlike commercial lines, they do not cover businesses.

Insuranceopedia explains Personal Lines Insurance

Examples of personal lines insurance include homeowner's insurance, health insurance, automobile insurance, renter's insurance, disability insurance, tornado insurance, and other types of property and casualty insurance. Some insurance, such as car and health insurance, is mandated by law.

Personal lines protect people and families from complete financial devastation in the event of unforeseeable accidents and other disasters. They offer coverage for many different types of perils; however, they do not cover every one that life can present.